Technology Trends for 2023

Technology today is evolving at a rapid pace, enabling faster change and progress, causing an acceleration of the rate of change. However, it is not only technology trends and emerging technologies that are evolving, a lot more has changed this year due to the outbreak of COVID-19 making IT professionals realize that their role will not stay the same in the contactless world tomorrow. And an IT professional in 2023-24 will constantly be learning, unlearning, and relearning.

Artificial Intelligence (AI) Advancements:

Artificial Intelligence is expected to continue its rapid growth and transformation in 2023. Advancements in machine learning algorithms, natural language processing, and computer vision will enable AI to become more sophisticated and capable of performing complex tasks. AI will be integrated into various industries, including healthcare, finance, manufacturing, and customer service.

Artificial Intelligence (AI) has witnessed significant advancements in recent years. Here are some notable developments:

  • Deep Learning: Deep learning, a subset of AI, has made remarkable strides. It involves training artificial neural networks with numerous layers to process and learn from vast data. This technique has revolutionized various domains, including computer vision, natural language processing, and speech recognition.
  • Natural Language Processing (NLP): NLP has seen substantial progress, enabling machines to understand and process human language more accurately. State-of-the-art models, such as GPT-3 (the model I am based on), have demonstrated impressive language generation capabilities, including text completion, translation, and summarization.
  • Computer Vision: AI has achieved remarkable advancements in computer vision, enabling machines to interpret and understand visual content. Convolutional Neural Networks (CNNs) have shown exceptional performance in tasks like object detection, image recognition, and facial recognition. Additionally, Generative Adversarial Networks (GANs) have been employed to generate realistic images and videos.
  • Reinforcement Learning: Reinforcement learning has witnessed significant progress in training AI agents to make decisions and learn from their environment. Reinforcement learning algorithms, such as Deep Q-Networks (DQNs), have demonstrated remarkable achievements in complex tasks like playing video games, controlling robots, and optimizing resource allocation.
  • Autonomous Vehicles: AI has played a vital role in the development of autonomous vehicles. Machine learning algorithms enable these vehicles to perceive and interpret their surroundings, make real-time decisions, and navigate safely. Companies like Tesla, Waymo, and Uber have made significant strides in this field.
  • Healthcare Applications: AI has found numerous applications in healthcare, including medical imaging analysis, disease diagnosis, drug discovery, and personalized medicine. Deep learning algorithms have shown promising results in detecting diseases from medical images, assisting doctors in making accurate diagnoses.
  • Ethical Considerations: As AI advances, there is a growing focus on ethical considerations. Ensuring fairness, transparency, and accountability in AI systems is gaining more attention. Researchers and policymakers are actively exploring ways to address bias, privacy concerns, and potential job displacement caused by AI.
  • Quantum Computing: Although still in its early stages, AI combined with quantum computing has the potential to revolutionize various fields. Quantum machine learning algorithms could provide significant speed-ups in solving complex optimization problems, enhancing AI capabilities in various domains.

Computing Power 

Computing power has already established its place in the digital era, with almost every device and appliance being computerized. And it’s here for even more as data science experts have predicted that the computing infrastructure we are building right now will only evolve for the better in the coming years. At the same time, we have 5G already; gear up for an era of 6G with more power in our hands and devices surrounding us. Even better, computing power is generating more tech jobs in the industry but would require specialized qualifications for candidates to acquire. From data science to robotics and IT management, this field will power the largest percentage of employment in every country. The more computing our devices will need, the more technicians, IT teams, relationship managers, and the customer care economy will flourish.

One essential branch under this field that you can learn today is RPA, i.e. Robotic Process Automation. At Simplilearn, RPA is all about computing and automation software that can train you for a high-paying role in the IT industry. Here are the top jobs you can target after RPA: 

  • Data Scientist
  • AI Engineer
  • Robotics Researcher
  • AI Architect
  • Robotics Designer

Smarter Devices 

Artificial intelligence has played an essential role in making our world smarter and smoother. It is not just simulating humans but going the extra mile to make our life hassle-free and simpler. These smarter devices are here to stay in 2023 and even further, as data scientists are working on AI home robots, appliances, work devices, wearables, and so much more! Almost every job needs smart software applications to make our work life more manageable. Smarter devices are another addition to the IT industry that is of high requirement and demand as more companies transform into digital spaces. Almost every higher-level job requires good proficiency in IT and automation these days to thrive. This is why Simplilearn’s RPA course can help you master these skills to achieve par excellence in your career, whether in IT, marketing, or management. Here are the best jobs you can venture into:

  • IT Manager
  • Data Scientists
  • Product Testers
  • Product Managers
  • Automation Engineers
  • IT Researchers

Datafication

Datafication is simply transforming everything in our life into devices or software powered by data. So, in short, Datafication is the modification of human chores and tasks into data-driven technology. From our smartphones, industrial machines, and office applications to AI-powered appliances and everything else, data is here to stay for longer than we can ever remember! So, to keep our data stored the right way and secure and safe, it has become an in-demand specialization in our economy. 

Datafication leads to a higher need for IT professionals, data scientists, engineers, technicians, managers, and so much more. Even more useful is that anyone with a sound knowledge of technology can do a certification in data-related specializations to find a job in this space. Data jobs are more about skills than big-level qualifications, and we have so many successful leaders emerging from smaller cities and developing countries like India. You can also equip yourself with this useful trending skill by doing a course like RPA to help you understand how automation works in the world of data. Let’s look at some popular data careers:

  • Big Data Engineers
  • Robotics Engineers
  • IT Architect
  • Business Intelligence Analyst
  • Data Scientists

Extended Reality 

Extended reality comprises all the technologies that simulate reality, from Virtual Reality, Augmented Reality to Mixed Reality, and everything else in between. It is a significant technology trend right now as all of us are craving to break away from the so-called real boundaries of the world. By creating a reality without any tangible presence, this technology is massively popular amongst gamers, medical specialists, and retail and modeling.

Regarding extended reality, gaming is a crucial area for popular careers that don’t require high-level qualifications but rather a passion for online gaming. You can pursue game design, animation or even editing programs to pursue a successful career in this specialization. Meanwhile, check out the best jobs in AR, VR as well as ER:

  • Extended Reality Architect
  • Front Lead Engineer
  • Software Developer
  • AR/VR Support Engineers
  • Game Designers
  • Pro Gamers
  • Creative Directors

Digital Trust 

With people being accommodated and tangled with devices and technologies, confidence and trust have been built towards digital technologies. This familiar digital trust is another vital trend leading to more innovations. With digital conviction, people believe that technology can create a secure, safe, and reliable digital world and help companies invent and innovate without worrying about securing the public’s confidence. 

To create a safer space for digital users, cybersecurity and ethical hacking are the major specializations you can check out. In these two, there is an array of jobs you can discover from junior to senior levels. For ethical hacking, you might have to take up professional certifications, while for cybersecurity, a diploma or even a master’s qualification is sufficient to aim for a high-salary role. Here are the top jobs you can find in cybersecurity and ethical hacking:

  • Cybersecurity Analyst
  • Penetration Tester
  • Security Engineer
  • Security Architect
  • Security Automation Engineer
  • Network Security Analyst

3D Printing

A key trend in innovation and technology is 3D printing which is used to formulate prototypes. This technology has been impactful in the biomedical and industrial sectors. None of us thought of printing a real object from a printer, while right now, it’s a reality. So, 3D printing is another innovation that’s here to stay. For companies in the data and healthcare sector that require a lot of 3D printing for their products, various jobs pay well and are international. All you need is a sound knowledge of AI, Machine Learning, Modeling, and 3D printing. Let’s check out the best jobs in this specialization:

  • CX Program Manager
  • 3D Printer Engineer
  • Emulation Prototyping Engineer
  • Robotics Trainer
  • AI Engineer
  • Operations Manager
  • Organ & Prosthetic Designer

Genomics

Imagine a technology that can study your DNA and use it to improve your health, helping you fight diseases and whatnot! Genomics is precisely that technology that peruses upon the make-up of genes, DNAs, their mapping, structure, etc. Further, this can help quantify your genes and result in finding diseases or any possible problems that can later be health issues. When it comes to a specialization like Genomics, one can find a variety of technical as well as non-technical roles. Technical jobs in this area are all about designing, analyzing, and diagnostics, while non-technical jobs are concerned with higher levels of research and theoretical analysis. Here are the top jobs in Genomics:

  • Bioinformatics Analyst
  • Genome Research Analyst
  • Full Stack Developer
  • Software Engineer
  • Bioinformatician
  • Genetics Engineer

New Energy Solutions

The world has agreed to be greener for the sake of its landscapes and the energy we use. This results in cars running on electricity or battery and houses using greener choices like solar and renewable energy. What’s even better is that people are conscious of their carbon footprints and waste; thus, minimizing it or turning those into renewable energy is even more helpful. 

This alternative energy arena is also boosting environment-related and data-oriented careers. These careers pertain to those in Science specializations and social science qualifications. Let’s take a look at the top jobs you can find in New Energy:

  • Energy Specialist (Solar, Thermal, Hydro-power, etc.)
  • Solar Plant Design Energy
  • Climate Strategy Specialist
  • Project Manager
  • Chemical Energy
  • Biotechnology Specialist
  • Renewable Energy Technologist

Robotic Process Automation (RPA)

Like AI and Machine Learning, Robotic Process Automation, or RPA, is another technology that is automating jobs. RPA is the use of software to automate business processes such as interpreting applications, processing transactions, dealing with data, and even replying to emails. RPA automates repetitive tasks that people used to do. 

Although Forrester Research estimates RPA automation will threaten the livelihood of 230 million or more knowledge workers or approximately 9 percent of the global workforce, RPA is also creating new jobs while altering existing jobs. McKinsey finds that less than 5 percent of occupations can be totally automated, but about 60 percent can be partially automated.

For you as an IT professional looking to the future and trying to understand the latest technology trends, RPA offers plenty of career opportunities, including developer, project manager, business analyst, solution architect, and consultant. And these jobs pay well. An RPA developer can earn over ₹534K per year – making it the next technology trend you must keep a watch on!

Mastering RPA will help you secure high-paying jobs like:

  • RPA Developer
  • RPA Analyst
  • RPA Architect

Quantum Computing

The next remarkable technology trend is quantum computing, which is a form of computing that takes advantage of quantum phenomena like superposition and quantum entanglement. This amazing technology trend is also involved in preventing the spread of the coronavirus and developing potential vaccines, thanks to its ability to easily query, monitor, analyze, and act on data, regardless of the source. Another field where quantum computing is finding applications in banking and finance, to manage credit risk, for high-frequency trading and fraud detection.

Quantum computers are now a multitude of times faster than regular computers and huge brands like Splunk, Honeywell, Microsoft, AWS, Google, and many others are now involved in making innovations in the field of Quantum Computing. The revenues for the global quantum computing market are projected to surpass $2.5 billion by 2029. And to make a mark in this new trending technology, you need to have experience with quantum mechanics, linear algebra, probability, information theory, and machine learning.

Virtual Reality and Augmented Reality

The next exceptional technology trend – Virtual Reality (VR) Augmented Reality (AR), and Extended Reality (ER). VR immerses the user in an environment while AR enhances their environment. Although this technology trend has primarily been used for gaming thus far, it has also been used for training, as with VirtualShip, a simulation software used to train U.S. Navy, Army, and Coast Guard ship captains.

In 2023, we can expect these forms of technology to be further integrated into our lives. Usually working in tandem with some of the other emerging technologies mentioned in this list, AR and VR have enormous potential in training, entertainment, education, marketing, and even rehabilitation after an injury. Either could be used to train doctors to do surgery, offer museum-goers a deeper experience, enhance theme parks, or even enhance marketing, as with this Pepsi Max bus shelter.

Fun fact: 14 million AR and VR devices were sold in 2019. The global AR and VR market is expected to grow to $209.2 billion by 2023, only creating more opportunities in the trending technology, and welcoming more professionals ready for this game-changing field. 

While some employers might look for optics as a skill set, note that getting started in VR doesn’t require a lot of specialized knowledge – basic programming skills and a forward-thinking mindset can land a job; another reason why this new technology trend should make up to your list of lookouts!

For Gaming updates, check this link out: Gamerex

Blockchain

Although most people think of blockchain technology as cryptocurrencies such as Bitcoin, blockchain offers security that is useful in many other ways. In the simplest of terms, blockchain can be described as data you can only add to, not take away from, or change. Hence the term “chain” because you’re making a chain of data. Not being able to change the previous blocks is what makes it so secure. In addition, blockchains are consensus-driven, so no one entity can take control of the data. With blockchain, you don’t need a trusted third party to oversee or validate transactions.

Several industries are involved and implementing blockchain, and as blockchain technology’s use increases, so does the demand for skilled professionals. From a bird’s eye view, a blockchain developer specializes in developing and implementing architecture and solutions using blockchain technology. The average yearly salary of a blockchain developer is ₹469K

If you are intrigued by Blockchain and its applications and want to make your career in this trending technology, then this is the right time to start. To get into Blockchain, you need to have hands-on experience in programming languages, the fundamentals of OOPS, flat and relational databases, data structures, web app development, and networking, to get that you can enroll in a blockchain training course.

Mastering blockchain can help you scale up in a variety of fields and industries:

  • Risk Analyst
  • Tech Architect
  • Crypto Community Manager
  • Front End Engineer

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Cyber Security

Cybersecurity might not seem like an emerging technology, given that it has been around for a while, but it is evolving just as other technologies are. That’s in part because threats are constantly new. The malevolent hackers who are trying to illegally access data are not going to give up any time soon, and they will continue to find ways to get through even the most challenging security measures. It’s also in part because new technology is being adapted to enhance security. As long as we have hackers, cybersecurity will remain a trending technology because it will constantly evolve to defend against those hackers.

As proof of the strong need for cybersecurity professionals, the number of cybersecurity jobs is growing three times faster than other tech jobs. According to Gartner, by 2025, 60% of organizations will use cybersecurity risk as a primary determinant in conducting third-party transactions and business engagements. You must note that however challenging the field is it also offers lucrative six-figure incomes, and roles can range from 

  • Ethical Hacker 
  • Malware Analyst
  • Security Engineer 
  • Chief Security Officer

Although technologies are emerging and evolving all around us, these 9 technology trends offer promising career potential now and for the foreseeable future. And most of these trending technologies are welcoming skilled professionals, meaning the time is right for you to choose one, get trained, and get on board at the early stages of these trending technologies, positioning you for success now and in the future.

By Ashish Bharnuke

My name is Ashish Bharnuke from Maharashtra (India). I have completed my Master’s in English Literature (2022) and recently pursuing my assistant professor job.

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